Raleigh Co. Educators Credit Union Beckley WV | Affordable Auto Loans & Business Banking

Introduction

Welcome to Raleigh Co. Educators, your trusted financial partner right here in Beckley, WV. Established in 1980, we have proudly served our community for over four decades, building strong relationships with our members and helping them achieve their financial goals. Located at 105 Adair St, Beckley, WV 25801, our branch is dedicated to providing personalized service and a wide range of financial products. At Raleigh Co. Educators, we believe that banking should be straightforward and accessible. With a total membership of 2,300 and assets exceeding $21 million, we are committed to supporting our members' needs with quality services such as checking and savings accounts, auto loans, mortgages, and more. Our team is led by CEO Damon Hamby and Board President Evert Mills, both of whom are dedicated to ensuring that every member feels valued and heard. We understand the importance of financial stability in our members' lives. That's why we have managed to maintain total deposits of $1,365,656 and offer competitive loan products with a total of 576 loans currently being serviced. With a net worth of $5,190,739, you can trust us to be a stable and reliable financial institution. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: 105 Adair St, Beckley, WV 25801-3733. Our doors are open from 9:00 AM to 4:00 PM, Monday through Friday. We invite you to reach out at 304-256-4600 or explore our website at raleighcountyefcu.com for more information about how we can help you thrive financially. Whether you're looking for personal banking solutions or business services, Raleigh Co. Educators is here for you!

Branch History & Mission

Community Focus

Over the years, we have actively engaged with local schools and organizations through various outreach efforts. Our partnerships foster education and financial literacy among students and families alike. We understand that supporting our community is vital to our mission; after all, when our community thrives, so do we. As technology evolves, so do we. We offer convenient online banking services that allow members to manage their finances from anywhere. Whether you're checking your balance or applying for a loan online, we've made it easier than ever to stay connected.

Join Us

If you are looking for a financial institution that prioritizes people over profits and believes in making a difference in the community, look no further than Raleigh Co. Educators Federal Credit Union. We invite you to join us on this journey toward better financial health. Experience firsthand how we can help you achieve your goals today! Feel free to reach out to us at 304-256-4600 or visit us online at raleighcountyefcu.com.

Our Mission

At Raleigh Co. Educators, our mission is simple yet powerful: to improve the financial well-being of our members through exceptional service and tailored products. We believe in empowering our community by offering personal banking options such as checking and savings accounts, auto loans and vehicle financing, mortgage loans and refinancing, as well as personal loans and credit cards with rewards. Our commitment extends beyond just financial transactions; we strive to be a supportive partner in our members' lives. We take pride in ensuring that every member feels valued and understood. By prioritizing customer service and maintaining ADA compliance within our facilities, we create an inclusive environment where everyone can thrive.

Branch Location & Accessibility

Welcome to the Raleigh Co. Educators branch, conveniently located at 105 Adair St in Beckley, WV. Our friendly team is eager to assist you with all your banking needs right in the heart of Raleigh County. If you're looking for a credit union that values community and convenience, you've come to the right place! Our branch is easily accessible, with ample parking available for our members. We take pride in ensuring that everyone can visit us comfortably; our location meets ADA compliance standards and features ramps for easy entry. While members can visit us at 105 Adair St, official correspondence should be sent to the same address, as our mailing address is also 105 Adair St, Beckley, WV 25801-3733. We understand that your time is valuable! That's why our lobby hours are designed to fit your schedule, open Monday through Friday from 9:00 AM to 4:00 PM. Whether you need to open a new account or inquire about loan options, we're here during these hours to help make your banking experience smooth and enjoyable. At Raleigh Co. Educators, we offer a variety of services tailored to meet the diverse needs of our members. From checking and savings accounts to auto loans and mortgage refinancing, our dedicated staff is ready to guide you through every step. While we currently do not have ATM or drive-thru services available, our online and mobile banking options ensure that you can manage your finances anytime and anywhere. If you have any questions or need assistance, feel free to give us a call at 304-256-4600. We invite you to stop by our branch today and discover how we can support your financial journey. Your satisfaction is our priority!

Member Eligibility

Becoming a member of Raleigh Co. Educators feels like joining a welcoming family where your financial needs are truly understood. If you're looking to join us, you'll find that eligibility is quite straightforward. Residents of Raleigh County, as well as those who work or attend school here, are invited to become part of our community. This means whether you're settling down or just passing through, you can enjoy the benefits of membership at Raleigh Co. Educators. Our members take advantage of tailored services like checking and savings accounts, auto loans, and more all designed with your best interests in mind. Ready to get started? Opening an account is easy! Just visit us at our location on 105 Adair St Beckley Wv 25801, or give us a call at (304) 256-4600 for more information. We encourage you to check out the detailed eligibility criteria on our website at . Join us today and experience the supportive atmosphere that makes Raleigh Co. Educators more than just a credit union it's a community where you belong!

Business Banking & Commercial Services

Business Loan Options

Imagine having the financial backing to expand your operations, purchase new equipment, or even open a new location. Our commercial loans are designed to help businesses thrive. While we have not yet provided member commercial loans amounting to $0, we are eager to assist local businesses in realizing their potential. For non-members, we offer flexible financing options with $0 available, making it easier for everyone in our community to access the funds they need.

Merchant Services

We also provide essential merchant services that simplify payment processing. Whether you're a retail shop or a service provider, our solutions help you manage transactions smoothly, ensuring your cash flow remains steady and reliable. Discover how Raleigh Co. Educators, located at 105 Adair St Beckley Wv 25801 in Beckley, WV, can partner with you for your business needs. Reach out today at (304) 256-4600 and let's grow together!

Outstanding Commitment

Our dedication to fostering economic growth is evident through our outstanding commercial loan portfolio, which currently stands at $0. This commitment reflects our belief that when businesses succeed, the entire community benefits.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While we currently do not have ATMs on-site, rest assured that our cash withdrawal services are designed to meet your needs through partnerships with local banks and networks. At Raleigh County Educators Federal Credit Union, located at 105 Adair St Beckley WV 25801, we're here for all your financial needs. For any questions or assistance with opening an account or applying for a loan, feel free to call us at (304) 256-4600 during our lobby hours from 9:00 AM - 4:00 PM Monday through Friday. We invite you to explore how our comprehensive suite of services can empower your financial journey today! Visit us online at Raleigh County Educators for more information.

Auto Loans & Vehicle Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing options make it easy for you to hit the road with confidence. With competitive rates and flexible terms, financing your dream vehicle has never been more accessible. Whether it's a brand-new car or a reliable used one, we're here to help make it happen.

Business Banking

For local entrepreneurs, we understand how crucial it is to have reliable financial support. Our Business Banking services offer everything from merchant services that streamline payment processes to tailored business loans that fuel growth opportunities.

Credit Cards with Rewards

Shopping just got more rewarding! With our Credit Cards with Rewards, every purchase brings you closer to exciting perks. Whether you're buying groceries or planning a vacation, enjoy cashback offers and rewards points that enhance your spending power.

Mortgage Loans & Refinancing

Owning a home is a significant milestone, and we're dedicated to helping you achieve it with our Mortgage Loans & Refinancing services. Whether you are buying your first home or looking to refinance an existing mortgage for better rates, our experienced team can guide you through the process efficiently.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust Online & Mobile Banking options that let you manage your accounts anytime, anywhere. From checking account balances to making transfers instantly via mobile apps, managing your finances has never been easier.

Personal Banking

Managing your finances should be straightforward and convenient. That's why we offer Personal Banking services that include checking and savings accounts designed for ease of use. Imagine having quick access to your funds through our online banking platform, which allows you to check balances, transfer money, and pay bills from the comfort of your home or on-the-go.

Personal Loans & Debt Consolidation

Life can sometimes throw unexpected expenses our way. That's where our Personal Loans & Debt Consolidation options come into play. If you're facing medical bills or planning a major expense, we provide loans that can help ease financial stress. Consolidating debt can also simplify your payments and reduce interest costs let us show you how!

Digital & Online Banking

Key Features

Our online banking also includes the ability to send money directly to friends or family with our person-to-person transfers. This feature makes it simple to share expenses or repay a friend without needing cash on hand. Additionally, if you prefer keeping track of your statements electronically, you can opt for e-statements, helping you stay organized while reducing paper clutter. For those who enjoy using their mobile devices for banking, our mobile application is here to help. It offers all the functionalities of our online banking platform right on your smartphone or tablet. Even though we currently do not support mobile payments, our app will keep you connected to your accounts wherever you go. While we don't offer electronic signature authorization at this time, rest assured that your transactions are protected with robust security measures. Your safety is our priority, so you can bank with peace of mind. Whether you're at home or on the go, Raleigh Co. Educators provides accessible and easy-to-use digital solutions tailored to fit your lifestyle. Embrace the convenience of modern banking today!

Financial Strength

Growing Trust

Total Share and Deposit Accounts: 3,452, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments stand at $881,589, highlighting our commitment to serving your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Raleigh Co. Educators is your trusted partner. Visit us at 105 Adair St Beckley Wv 25801 or call (304) 256-4600 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $4,285,948 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $132,358 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 5 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Growth

With $4,047,661 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $188 in used auto loans and $8,809,733 in total loans and leases.

Strong Financial Health

With a net worth of $5,190,739, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $2,453 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

At Raleigh Co. Educators, we understand that everyone has unique financial needs. That's why we offer a variety of loan products designed to help our members achieve their goals, whether it's buying a new car, purchasing a home, or managing everyday expenses. With over 576 loans issued, we've helped thousands of members achieve their financial goals. Our auto loans are particularly popular looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $3,717,591 in used vehicle loans and $4,050,556 in new vehicle loans already helping members get on the road. If you're considering homeownership, our mortgage options make buying or refinancing simple. Although we currently do not have any Junior Lien 1-4 Family Residential Properties loans available, we encourage you to explore other financing options with us. For those interested in managing their finances more effectively, we also provide flexible terms on unsecured credit card loans. While there are currently no unsecured credit card loans issued, we're here to assist you with finding the best solutions tailored to your needs. At Raleigh Co. Educators, our commitment is to empower you financially. We believe that everyone should have access to the funds they need without stress. For more information about refinancing options or eligibility criteria for our loan products, feel free to reach out to us at (304) 256-4600. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Whether you're ready to apply or simply want more information about our offerings, visit us at 105 Adair St Beckley WV 25801 or check out our website at raleighcountyefcu.com. Let us help you take the next step toward your financial future!

Loan Aggregator

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